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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Geneva at 115 High St, Geneva, IN, 46740 generates $1,214/mo in rent and, after a $783/mo payment, leaves $250/mo in cash flow. Total monthly income is $1,214/mo, and annual cash flow is $3,005/yr on $53,007 invested. Return on cash invested sits at 25.58% in year one, and rental yield is 9.11% on a $159,900 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 133.06% and total cumulative return in cash sums $70,530. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,214/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46740, Geneva, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,394 (100%) |
| Owner Occupied HU | 1,041 (74.7%) |
| Renter Occupied HU | 252 (18.1%) |
| Vacant Housing Units | 101 ( 7.2%) |
| Median Home Value | $231,954 |
| Average Home Value | $290,639 |
Residential
1,120
Single Family
1,080
Multi-Family
40
Businesses
56
Date | Event | Price |
|---|---|---|
| 2025-05-28 | Listed for sale | $159,900 |
| 2014-09-04 | Sold | $65,000 |
| 2014-07-04 | Listed for sale | $65,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-29 | $1366.96 | 7.66% | $117,300 | 4.17% |
| 2023-05-29 | $1269.68 | 6.55% | $112,600 | 2.27% |
| 2022-05-29 | $1191.68 | 6.93% | $110,100 | 9.12% |
Listed by: Vickie A Harvey • Harvey and Associates Realty LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202519772
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
